15 Dividend Growth Stocks with the Highest Growth Rates

7. Voya Financial, Inc. (NYSE:VOYA)

5-Year Average Dividend Growth Rate: 24.85%

Voya Financial, Inc. (NYSE:VOYA) is among the best dividend stocks to invest in.

On January 13, Wells Fargo raised its price target on Voya Financial, Inc. (NYSE:VOYA) to $86 from $80 and kept an Equal Weight rating on the stock. Heading into quarterly earnings across the insurance space, the firm said investors should watch a few key themes: pricing strength, loss trends, and reserve levels for property and casualty insurers; organic growth and margins for brokers; and sales, capital position, and forward guidance for life insurers.

Voya’s Q3 2025 results showed clear momentum. The company posted a strong quarter that supported its investor value story, with adjusted operating EPS rising nearly 30%. Free cash flow also came in strong, keeping Voya on pace to top its full-year target of $700 million.

CEO Heather Lavallee also walked through how the firm is using its capital. Voya Financial, Inc. (NYSE:VOYA) restarted share repurchases during the quarter and continued investing to strengthen its core businesses while expanding further into wealth management. By the end of the third quarter, total wealth management client assets had grown to roughly $35 billion.

Lavallee also highlighted the rollout of WealthPath, a new integrated technology platform built for advisers. She added that the company plans to expand its adviser base by more than 100 by year-end, supported by a new hub in Boston.

Voya Financial, Inc. (NYSE:VOYA) provides workplace benefits and savings solutions, along with related technology platforms. Its Wealth Solutions segment focuses on retirement plan offerings and administration services for employers.